Labour reacts to CBN ban on forex sale to importers
NAN reports that Aremu, also a National Executive Council member of the Nigeria Labour Congress , gave the commendation in llorin on Thursday.
The CBN also promised financial intervention to textile manufacturers at “single digits rate, to refit, retool and upgrade their factories to enable them produce high quality textile materials for the local and export market.” He observed that smuggling and wholesale importation of textiles had contributed to the closure of many textile industries in the country.
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